Stablecoin transaction volumes have surpassed $35 trillion, yet real-world payments account for less than 1% of this figure, according to a report by McKinsey and Artemis Analytics. The majority of stablecoin transactions are attributed to trading, arbitrage, and internal fund transfers rather than actual consumer payments. In 2025, the real-world stablecoin payment volume is projected to reach approximately $390 billion, doubling from 2024. Despite the low percentage of real-world payments, stablecoins are gaining traction as a payment solution, particularly in B2B transactions and cross-border remittances. The stablecoin market is expected to grow significantly, with projections indicating a supply increase to $3 trillion by 2030. However, the current adoption is concentrated in Asia, with Singapore, Hong Kong, and Japan leading the way. Financial institutions are advised to interpret transaction data cautiously, focusing on genuine payment activities rather than inflated transaction volumes.